63 Dissolution of existing councils
Further and Higher Education Act 1992 (1992 c 13) | Legislation

63  Dissolution of existing councils

(1)     On the appointed day—

(a)     the Universities Funding Council and the Polytechnics and Colleges Funding Council (referred to in this section as the “existing councils”) shall be dissolved, and

(b)     all property, rights and liabilities to which either of the existing councils were entitled or subject immediately before that date shall become by virtue of this section property, rights and liabilities of the Higher Education Funding Council for England,

but this subsection does not apply to rights or liabilities under a contract of employment.

(2)     Where—

(a)     immediately before the appointed day, a person

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